ge 25 40. Gloria's credit card charges an annual interest rate of 18.5% (0.05068% per day),...

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ge 25 40. Gloria's credit card charges an annual interest rate of 18.5% (0.05068% per day), compounded daily, on any outstanding balance. Her current outstanding balance is $2830.58. There is a minimum payment of $50 or 3% of the balance, whichever is larger. Her due date is March 8. She decides to make a minimum payment on March 8. Calculate her balance on April 8, assuming she makes no more purchases with her credit card. Be sure to show all your work in an organized solution (if you use the TVM Solver, draw the answer screen). (6 marks) Marking Guide, Key Question 40: 6 marks calculating minimum payment (2 marks) calculating outstanding balance (1 mark) calculating balance on April 8 (3 marks) ge 25 40. Gloria's credit card charges an annual interest rate of 18.5% (0.05068% per day), compounded daily, on any outstanding balance. Her current outstanding balance is $2830.58. There is a minimum payment of $50 or 3% of the balance, whichever is larger. Her due date is March 8. She decides to make a minimum payment on March 8. Calculate her balance on April 8, assuming she makes no more purchases with her credit card. Be sure to show all your work in an organized solution (if you use the TVM Solver, draw the answer screen). (6 marks) Marking Guide, Key Question 40: 6 marks calculating minimum payment (2 marks) calculating outstanding balance (1 mark) calculating balance on April 8 (3 marks)